Subject: Re: Berkshire 2025 Annual Report
These results included after-tax investment gains of $30.7 billion and $8.7 billion in after-tax impairment charges related to Kraft Heinz and Occidental Petroleum.

Just a side note - the OXY portion of that impairment was $4.5bn. The market value of the OXY common is up $3.7bn since the end of December valuation date for the impairment. Presumably the warrants (almost in the money now) have also risen in market value quite a bit.

It's always hard to tell when an impairment is "other than temporary".

Jim